The insurer said its withdrawal from individual insurance markets, combined with the health insurance tax deferral, reduced third-quarter revenue by about $1.6 billion and lowered the revenue growth rate by 4 percent.

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The company raised its full-year adjusted earnings to about $10 per share from $9.75 to $9.90 per share estimated previously.

(Reporting by Divya Grover in Bengaluru; Editing by Savio D'Souza and Anil D'Silva)